- real estate loan
- nouna loan on real estate that is usually secured by a mortgage• Syn: ↑mortgage loan• Hypernyms: ↑loan
Useful english dictionary. 2012.
Useful english dictionary. 2012.
real estate loan — UK US noun [C] (US PROPERTY, FINANCE ► a loan used to buy land or buildings: »commercial real estate loans → Compare MORTGAGE(Cf. ↑mortgage) … Financial and business terms
Real Estate Settlement Procedures Act — ( RESPA) A Federal statute that requires lenders and persons who conduct real estate loan closings (settlements) to make certain disclosures. The law also prohibits certain practices such as kickbacks. The Department of Housing and Urban… … Financial and business terms
Real Estate Settlement Procedures Act — The Real Estate Settlement Procedures Act , (known as RESPA ), was an Act passed by the United States Congress in 1974. It is codified at Title 12, Chapter 27 of the United States Code, UnitedStatesCode|12|2601|2617.PurposeIt was created because… … Wikipedia
Real estate economics — is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on… … Wikipedia
Real estate investing — involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub specialty of real estate investing called… … Wikipedia
real estate investment trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. real estate investment trust … Law dictionary
Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… … Wikipedia
Real Estate Mortgage Investment Conduit — Real Estate Mortgage Investment Conduits, or REMICs, are a type of special purpose vehicle used for the pooling of mortgage loans and issuance of mortgage backed securities. They are defined under the United States Internal Revenue Code (Tax… … Wikipedia
Real estate owned — or REO is a class of property owned by a lender, typically a bank, after an unsuccessful sale at a foreclosure auction. This is common because most of the properties up for sale at these auctions are worth less than the total amount owed to the… … Wikipedia
Real estate contract — A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental… … Wikipedia